Common use of Revocation or amendment Clause in Contracts

Revocation or amendment. We may at any time by notice to you revoke or reduce our commitment or specify a different Cut-off Time. Such notice will not affect our commitment to lend or otherwise transfer to you in accordance with these terms and conditions any Shares specified in the Illiquid Shares Notice that you have sold before such notice is given and that are specified in a Trade File submitted to us (whether before or after your receipt of such notice) before the Trade File Cut-off Time.

Appears in 20 contracts

Sources: Institutional Account Agreement (Meritage Futures Fund L.P.), Institutional Account Agreement (Emerging Cta Portfolio Lp), Institutional Account Agreement (Orion Futures Fund Lp)